2022
Exports
$3.86MWorld Rnk 47 / 202
Flag Rnk 715 / 1216
2022
PRODUCT COMPLEXITY IN Rubber Belting
0.48Rnk 373 / 1025
2022
Imports
$23.2MWorld Rnk 54 / 224
Flag Rnk 534 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $3.86M in Rubber Belting, making it the 47th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 715th most exported product in Portugal. The main destination of Rubber Belting exports from Portugal are: Angola ($2.02M), Kuwait ($397k), Algeria ($301k), Spain ($244k), and France ($163k).

The fastest growing export markets for Rubber Belting of Portugal between 2021 and 2022 were Angola ($957k), Kuwait ($383k), and Algeria ($300k).

Imports In 2022, Portugal imported $23.2M in Rubber Belting, becoming the 54th largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 534th most imported product in Portugal. Portugal imports Rubber Belting primarily from: Spain ($5.63M), France ($4.87M), Germany ($2.97M), Italy ($1.79M), and China ($1.58M).

The fastest growing import markets in Rubber Belting for Portugal between 2021 and 2022 were Poland ($544k), France ($435k), and Hungary ($191k).

COMPANIES In 2023, leading companies such as Home Depot (1) were at the forefront of shipping Rubber Belting from Portugal to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rubber Belting. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.86M
IMPORTS (2022)$23.2M
NET TRADE (2022)-$19.4M

In 2022, Portugal exported $3.86M in Rubber Belting. The main destinations of Portugal exports on Rubber Belting were Angola ($2.02M), Kuwait ($397k), Algeria ($301k), Spain ($244k), and France ($163k).

In 2022, Portugal imported $23.2M in Rubber Belting, mainly from Spain ($5.63M), France ($4.87M), Germany ($2.97M), Italy ($1.79M), and China ($1.58M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Angola$957k (90.3%)
Kuwait$383k (2.77k%)
Algeria$300k (100k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY Portugal WERE (2021 - 2022):
Spain-$188k (-43.6%)
Colombia-$132k (-98.1%)
Italy-$119k (-93.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Rubber Belting were:
In 2022, Portugal's main importing competitors in Rubber Belting were:

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Trade Value of Rubber Belting by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $297k
TOP IMPORT POTENTIALChina+ $1.45M

Rubber Belting’s highest export potential is France. With an export gap of $297k.   Rubber Belting’s highest import potential is China with an import gap of $1.45M.

See methodology.

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